Which designation is intended for appraisers specializing in commercial properties?

The designation that specifically focuses on appraisers specializing in commercial properties is the AACI. The AACI, which stands for Accredited Appraiser Canadian Institute, is recognized across the industry as a standard for those who have demonstrated expertise in the appraisal of commercial real estate, as well as other types of properties.

The training and examination process to achieve AACI status includes rigorous coursework and a comprehensive understanding of appraisal theory and practice, which is essential for dealing with the complexities and nuances of commercial property appraisals. This designation not only signifies proficiency in commercial valuations but also represents a commitment to ethical standards and ongoing professional development in the field of real estate appraisal.

In contrast, the ACCI (which is indeed related to commercial property but more specific to a certain category), the MVA (which is focused on Market Value Analysis), and the FRI (which stands for Fellow of the Real Estate Institute and is broader in scope relating to real estate professionals) either do not concentrate solely on commercial properties or cover a wider range of real estate practices. Hence, AACI is the most suitable designation for those specializing in commercial property appraisal.